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Archive
- 7/24/2026 -
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Euro Currency Trust (FXE) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Euro Currency Trust (FXE). During the week, the FXE gave back -0.66 points, or -0.62%, and closed at 104.95 on Friday, July 24, 2026. Weekly volume was -76% below average.
 Long-term trend: [See FXE long-term trend chart]
A long-term uptrend had started on January 13, 2025 at 94.08 and reached 111.54 on January 27, 2026. FXE gained -17.46 points, or -18.56%, in 54 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (116.01) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. FXE may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See FXE medium-term trend chart]
A medium-term downtrend had started on January 27, 2026 at 111.54 and reached 104.60 on June 24, 2026. FXE lost 6.94 points, or 6.22%, in 21 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 104.37 and resistance is at 105.77. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See FXE weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since February 20, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See FXE short-term trend chart]
A short-term downtrend had started on July 15, 2026 at 105.96 and reached 104.91 on July 23, 2026. FXE lost 1.05 points, or 0.99%, in 8 days. Price is near the trend low.
 Daily Technical Indicators: [See FXE daily technical indicators chart]
Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range.
The daily MACD line is above its signal line since July 2, 2026. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The distance between the Bollinger Bands (0.88%) is close to one year low (1.06%). It is 62.11% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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